Steris dividend history
Steris's dividend was $2.46 a share in fiscal 2026, up 10.3% on the year before. That was 30.9% of net income. It has raised its dividend per share every year since fiscal 2017, as far back as our figures go.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $340M
- Dividends (TTM)
- $247M
- Returned to shareholders
- 63%
- of free cash flow
- Buybacks, last 3 fiscal years
- $459M
- Diluted share count
- −0.5%
- year over year
- Total shareholder yield
- 2.6%
- dividends 1.1% + buybacks 1.5% of market value
- Dividend payout ratio
- 31%
- of net income paid out
- R&D spending
- 1.9%
- of revenue
- Sales & admin spending
- 23.6%
- of revenue
- Days sales outstanding
- 61 days
- receivables vs revenue
Dividends by fiscal year
| Fiscal year | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share | $1.09 | $1.21 | $1.33 | $1.45 | $1.57 | $1.69 | $1.84 | $2.03 | $2.23 | $2.46 | — |
| Dividend per share growth | — | +11.0% | +9.9% | +9.0% | +8.3% | +7.6% | +8.9% | +10.3% | +9.9% | +10.3% | — |
| Dividends paid | 93 | 103 | 113 | 123 | 134 | 163 | 183 | 201 | 220 | 242 | 247 |
| Share buybacks | 98 | 65 | 81 | 51 | 15 | 56 | 309 | 12 | 211 | 236 | 340 |
| Dividends ÷ net income | 84.7% | 35.4% | 37.0% | 30.2% | 33.7% | 66.9% | 171.4% | 53.0% | 35.8% | 30.9% | 30.7% |
| Dividends ÷ free cash flow | 37.1% | 35.2% | 32.2% | 32.7% | 29.7% | 41.1% | 46.5% | 32.7% | 28.3% | 24.9% | 26.7% |
Compare with peers
Head to head: RMD vs STE
More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies